IPO - Hela Apparel Holdings Limited

Initial Public Offering

Hela Apparel Holdings Limited

OVERSUBSCRIBED

“Thank you for your trust in the vision of Hela;
we look forward to continuing to build global
value for all our stakeholders”
- Hela Management -

Local Values

Global Value

We are a Sri Lankan multinational, headquartered in Colombo and driven to establish our presence globally through our world class solutions, all delivered in the spirit of the local values we uphold.

Hela IPO 2021

  • Rs. 15
    per share
  • 267,108,998
    ordinary voting shares on offer
  • 20.5%
    stake offered to the public
  • Rs. 19.5 Bn
    Market Capitalization
  • Rs. 4 Bn
    Offer Size

Use of IPO Proceeds

25 %
Fabric Mill
Investment
15 %
Investment
In Digital Core
60 %
Investment
Into Subsidiaries

50 %

Balance Sheet Strengthening

10 %

Productivity Enhancing Capex

Hela offers design to delivery solutions in fashion and medical apparel and has become an integral part of the value chains of an extensive client base in the United States, Europe and Asia.

An expert in innovative value creation in the apparel sector across multiple product categories and geographies, Hela is pleased to announce an initial public offering of 20.5% of its ordinary shares to raise Rs. 4 Billion to fund key growth initiatives in Sri Lanka and support further expansion globally.

Hela at a glance

3

decades of
experience

11

owned production
facilities

4

design
centers

6

countries of
manufacture

100%

USD revenue

18000+

employees

Awards

News and Media